THANK YOU! SM-27 passes Rules Committee!

THANK YOU! SM-27 passes Rules Committee!

Senate Memorial 27 asks the state personnel office to study adding affordable loans to their employee benefits plan.  It will be heard in Public Affairs at 2:30today in Room 321.  It got a do pass recommendation by a 6-3 vote in Senate Rules yesterday. About 4,500 state workers with low credit scores use storefront and internet loans averaging 300% interest.  Turnkey services are...

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Homes For The Holidays

Homes For The Holidays

Home ownership remains at the heart of the American dream. This past September, Dahlia Christen-Ohoiwutun, her husband Michael, and their children Nomi, Brandyn, & Tara became the owners of a brand new home in Santa Fe! The Christen-Ohoiwutun family participated in Prosperity Works’ IDA Program and the Santa Fe Habitat For Humanity’s program to reach this amazing milestone.  They also...

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A Yellow House with a Blue Door

A Yellow House with a Blue Door

My Journey to Home Ownership In August of 2010, my mother called to tell me she’d signed us up for a Homebuyer Education class through ECHO. I thought my mother had lost her marbles because she already owned a home and I was a single mom with no credit to speak of so there was no way in the world I was going to become a homebuyer. Rather than tell my mom she was crazy, though, I went to the...

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Home Sweet Home

Home Sweet Home

As we are right in the middle of the holiday season, Prosperity Works shares Vanessa’s story as a testimony to the strength of personal vision, hard work with family savings, and building a future of hope for children.  Please consider donating toward securing a home for five more families in 2014.  Consider donating $50, $100, or $500.  Your donation will immediately be multiplied 1.5 time,...

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NM’s IDA Businesses!

NM’s IDA Businesses!

Like many New Mexicans facing layoffs since the recession, Sally Moore found herself unemployed when funding was cut from her organization.  And like many New Mexicans, Sally decided it was time for something new… She was familiar with the IDA initiative; she had previously helped low income families utilize the match savings accounts to help purchase homes, go to school, or start a...

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Dreams for the Holiday…

Dreams for the Holiday…

Charity Norman grew up in Farmington, and has dreamed of owning a home in northwest New Mexico since she was a little girl.  She works for Human Services in the Child Support Division, and meets single mothers that have the same dream every day.   For the past year, she has secretly kept floor plans in her office as a constant reminder of her goal. Charity and her three sons had lived in a...

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CNM Student succeeds with an IDA

CNM Student succeeds with an IDA

Darrold Morris (a.k.a. Chef Deezie) remembers back to the time when his mom passed away from cancer, his life was changing, and all around him people were talking about going back to school and looking toward a brighter future.  A door opened for Darrold, when he was introduced to the IDA Program, at CNM by a friend.  As with any offer, he was interested, yet had his doubts. At that time he was...

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Corrales House Party with Mary Ellen & Sue raised over $5,000

Corrales House Party with Mary Ellen & Sue raised over $5,000

Long time supporters of high impact & out of poverty  initiatives, Sue Hallgarth and Mary Ellen Capek hosted a house party to raise needed dollars for one of their favorite New Mexico nonprofits: PROSPERITY WORKS.  The house party held Ocotober 27th in Corrales raised $5,825! In this time of startling and increasing gaps between those who have and those who need, Prosperity Works...

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Building Assets: Day Care Centers

Building Assets: Day Care Centers

Southern New Mexicans Build Assets &  Day Care Centers… Dina Ramirez, owner of Arcoiris Day Care financed her business expansion with $5,000 from her Individual Development Account (IDA), a matched savings opportunity available to lower-income households that don’t have the opportunity to take advantage of tax credits and rebates available to those of higher income. Ms. Ramirez...

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18 Months to Home Ownership

18 Months to Home Ownership

The title to the Rio Rancho home sits on the living room table. Beverly Aranda, a single mother of two, reflects on her accomplishments in the last 18 months. “We didn’t have a solid foundation. We had always rented and water bills were $160,” says Beverly. Struggling to live with her disabilities, Beverly met with Michael Lacomb from Division of Vocational Rehabilitation (DVR) to help her...

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